General Discussion Topics, page-127569

Well their aim of controlling the chemical market has worked at least against SYA. There is no way we can afford to make chemical conversion facilities at this price. Let alone if we are going to be able to maintain operating in this environment. There is almost no room for profit so why would we continue to operate? Wasnt our AISC nearly $1000 USD per ton. An thats the current spod price. Selling onto open market at break even (our share). I assume AISC doesnt factor in merchant fees or shipping etc...

Tough decisions to be made in the months ahead by the looks of things. ie do we continue slow operations and just stockpile it for a turn or completely close for care and maintenance in the short term. They should also look at canning further drilling/exploration while there only cashflow source isnt generating any money as the shares on issue of this stock is completely milked so capital raise isnt really an option again.